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Senior Commercial Business Manager

Clarke Recruitment Solutions
Job LocationLondon
EducationNot Mentioned
Salary£80,000 - £100,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

The position of Senior Commercial Manager within the Procurement Team is to maximise value from strategic supplier contracts and relationships; working closely with suppliers managing all commercial contract aspects to access latest innovations, challenge unnecessary business demands, manage contract obligations, reclaim service credits and rebates and track and measure benefits secured from each supplier.The Senior Commercial Manager has a critical role in managing supplier risk and ensuring Organisations Participants receive excellent service through consistent supplier outcomesCommercial Function Development

  • Support development and implementation of Third Party Management Framework
  • Enhance existing operational supplier management structures, introducing commercial expertise and rigour
    • Strategy development
  • The development of long term value adding supplier and relationship strategies for critical suppliers that are aligned to business and category and supply chain strategies. Contribute to the development and deliver the Organisations commercial strategy
  • To work with Organisations Head of Procurement and Organisations executives to translate commercial and functional objectives in to an achievable supplier management strategyStrategy Implementation
  • Develop annual plans in liaison with Organisations Head of Procurement and Organisations executives, leading the commercial management of key suppliers
  • Adhere to Organisations minimum standards for contract management
    • Supplier Governance & Performance
  • Play leading role in supporting Organisations to exit existing strategic services and manage the subsequent complex migration to new infrastructure
  • Lead on complex supplier contract, operational and strategic reviews and negotiations, putting in place effective improvement action plans to address performance issues and internal controls as appropriate
  • To identify emerging risks and issues in relation to adequacy and effectiveness of existing controls relating to procurement business processes and technology
  • To ensure that risks identified are actioned, addressed to a satisfactory level and closed in relevant databases and reporting
  • To attend all relevant supplier governance forums
    • Supplier value management
  • Lead on commercial management and projects (e.g. continuous improvement, innovation led initiatives, supply chain collaboration, etc.), bringing innovation from the market and supply base, delivering on-going and increasing benefit to Organisations through the effective engagement of suppliers and delivery of service, obligations and initiatives that drive new customer propositions, cost reduction and service improvement
    • Other Accountabilities Include:
  • Stakeholder Management
  • People Management
  • Reporting
  • Risk and Change Management
    • Required Experience & Knowledge:
  • Knowledge of the financial services and technology industries and related supply chains, including commercial and contract administration processes.• Experience of working client side with large IT outsourcing providers• Knowledge of ITO contracts• Good leadership skills• Highly numerate• Strong reporting experience• Able to effectively communicate at all levels, both internally and externally• Effective and proven negotiation skills with ability to influence decision making• Proven ability to manage and drive successful business change programmes
    • Required skills
  • Business Manager
  • Collaboration
  • Commercial Management
  • Negotiations
  • Strategy

    • Keyskills :
    Business Manager Collabation Commercial Management Negotiations Strategy

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